Cyber Crimes And The Cyber Crime Epidemic

Cybercrime has experienced significant progress during recent years, as its advance is directly proportional with the advance of technology. In spite of the fact that the authorities devise new and better strategies to fight cybercrime, the fact that the number of people online is constantly increasing means that cybercrimes occur even more frequently. Dishonest people who seek opportunities have discovered how the internet stands as a perfect environment for them to commit crimes by taking as little risks as possible. Computer fraud generates a series of benefits for the person committing it, as he or she can either profit financially from the enterprise or can simply alter files in order for his or her image to be positively affected. Identity theft is a major form of cybercrime and it is essential for society to acknowledge the gravity of the matter in order to be able to effectively fight against criminals using it.

new advances in the electronic technologies during the past decades have administered a new wealth of criminal activity. Software like Computer viruses, malware, software privacy, spam and etc. Technologically savvy artist replicate websites, so when a person's online activities occurs in a virtual world it can be compromised.Many times Cyber intrusions rely on human interaction and it often involves tricking people into breaking security procedures.

(April 2015) today our financial and personal information is everywhere. It is in our phones for mobile payments, in our wallets on our credit cards and in the data centers and clouds of the companies and third parties that complete transactions on our behalf. With so much personal information—quite literally—floating around various access points, it has never been more lucrative or easy for cyber-criminals to access and mine private information to sell on the black market.The Target data breach at the end of 2013, which affected the card payment information of more than 40 million shoppers and the personal data of almost 70 million consumers, kick-started a continuous barrage of point-of-sale (POS) attacks affecting consumers, businesses and banks throughout 2014. Between the breaches at Dairy Queen, Home Depot and Neiman Marcus, it seemed like cyber-criminals were always one step ahead of the game, using malware and card-skimming techniques to gain access to confidential

Times have changed what was known as organized crime has been replaced by Cybercrimes (Heists: Cybercrimes with Ben Hammersley). Cybercrimes have risen dramatically in recent years and have become a major issue the United States and company’s face today jeopardizing as well as threatening the critical infrastructure of America (Cyberwar Threat, 2005). Sadly, the status quo of cyber security is very unstable with the advancements and growth which has put most individuals and businesses into an enormous threat (Agustina, 2015).

The creation go of the Internet has helped spawn new forms of criminals and crimes, and has always helped make older criminal schemes easier to execute, identity theft, child pornography, copyright violations, hacking and you could go on and on. In a 2003 survey conducted by the CSI with the participation of the San Francisco Federal Bureau of Investigation’s Computer Intrusion Squad, of the 530 respondents made up of U.S. corporations, government agencies, financial institutions, medical institutions and universities, 56% reported unauthorized use of their computer systems (2003 CSI/FBI Computer Crime and Security Survey).

When you begin to examine how the internet and crime are related, you must first examine exactly what the internet is and how it works. The internet is a global system of computers and networks that are interconnected and service billions of users at any given time. This could be considered a cybercriminals’ playground. Because billions of computers are connected via a vast array of private and public networks including many government agencies, it is easy to see how a cybercriminal could obtain valuable information or unleash denial of service attacks that could cripple many of these systems.

This literature review study will consist of the overview of topics regarding cyber crime and the extent of how it is an ever growing issue within our society. Topics such as Digital forensics which is used to combat cyber crime will be thoroughly discussed. Another topic that is important in this study is Plagiarism. This is a problem that is also on the rise as technology advances, due to the different techniques available of obtaining data. Keylogging will be the main focus of this study, the implications of using a keylogging device or software can be malicious or it could be used to tackle actual problems. Existing Keyloggers will be also be analysed which will then aid the creation of the keylogging tool which is required for this project.

The agencies employed by governments to police the web in order to protect the vulnerable have seen an increase in child pornography and online fraud. The speed at which information can be distributed and the number of people that can be reached attracts those that are intent on causing harm. The term “cybercrime” is becoming more widely used. The financial gains that can be made and the anonymity the internet can provide, make the virtual world of cyberspace a haven for criminals. Although the internet has huge benefits for information gathering and social networking, in the wrong hands it can cause harm to the vulnerable and criminals are able to vanish into the underground with the use of false identities that are hard to track online.

For an extended period extending towards the end of 2014 until now, incidences of cyber security attacks on financial institutions have not only grown in number but also become sophisticated (Global banking and payment systems Practice, 2015). Lately, the criminals try to match the new security control measures with advanced security breach mechanisms and software. These criminals are known to introduce hybrid systems or devices like the variant DDOS (Distributed Denial of Service), which renders a system useless for some period. Others have referred to traditional means such as spoofing, which makes an organization 's email address vulnerable by creating traffic on it after that the hacker retrieves some vital information (Serb e al, 2014). But even with that, it leaves many to think of the necessary measures to put in place, to avert this global paradox. Consequently, for the many incidences reported and the enormous sums of money looted, not to mention the data breaches, there remains one question that never seems to escape the minds of the stakeholders and victims of these gangs’ internet attacks. The question revolves around the reason as to why these incidences seem to be on the rise and not very many culprits are being reprimanded for their heinous acts. In other words, are there real causes of these issues or it is a matter of inside jobs as many testimonies have revealed after the culprits are snubbed in the act of trying to loot from financial institutions.

Every year, billions of dollars is being lost due to cybercrime and security. Harassment, Identity theft, online predators, and ransom are some of the most cybercrimes being committed, that's causing the most harm to billions of people.

Cyber crime is defined as any crime that involves a computer and network. Individuals, businesses and government agencies around the world constantly face threats to their medical information, consumer data, as well as company trade information and military decisions. Cyber security specialists are professionals that are specifically trained to protect individuals and organizations from cyber crime, hackers and scammers.

Cyber Crime, including fraud, identity theft, stalking, and hacking is a growing problem which can be prevented by taking the proper precautions.

Cybercrime has become a fast growing concern for the 21st century as businesses, institutions and individuals grow into an interconnected web of computer networks. Online business transactions, along with the sharing of personal information, are vulnerable to a host of disasters that can reap economic and social havoc. Some sources say that today, cybercrime costs more than $1.0 trillion to society--Global Industry Analysts, Inc. forecasted the world cyber security market to reach $80 billion by 2017 (Gale, 2011).

When you consider the costs that companies suffering as a result of cybercrime – “crime wave” is an understatement to say the least, as a matter of fact, “epidemic” is more like it. Just consider this, three years ago, according to the Wall Street Journal, the cost of cybercrime in America was around $100 billion. Last year, however, insurance company Lloyd’s

While surfing the internet, I came across an interesting article written on how the use of technology is endangering people 's privacy. Unlike any generation that came before us, we live in a time where technology plays a significant role in our daily lives. Even to a point that we can 't do much without it. We rely on our phones, computers, and the GPS in our cars to go on about our day. It came into my concern how vulnerable we are. We are constantly sharing information like our past history, current identity, bank account information and even our location in return for different services that are provided on the internet by different companies. Since the internet offers a large number of prospective audiences, ease of access, anonymity, combined with a rapid flow of information it opens the door for a crime. What is now referred to cybercrime? My goal in this paper is to explore the cyber world and the crimes committed every day using sources I found and to discuss the impact of this technology on the private lives of people.